Five Countries Where Crypto Regulation Changed the Most in 2019

One of the impediments to the adoption of blockchain and crypto technologies in the world are the regulations governing their introduction into the world of business. The constantly changing nature of the legal framework and the fear of being caught up in legal disputes with regulatory authorities, especially the tax ones, is forcing most small- and medium-sized businesses across the globe to work with blockchain from the shadows.

Nonetheless, many experts believe the year 2019 has seen a significant improvement in many countries in regard to blockchain regulation, with the attitude toward digital money shifting dramatically in recent years. This observation is shared by Alina Kiselevich, a communication specialist at Enigma Securities — a crypto market broker-dealer — who told Cointelegraph that:

“Some countries now consider them legal tender, while many viewing cryptocurrencies as commodities. Governments around the world are keenly aware of the problem that the technology…